Renaissance Technologies LLC Has $769,000 Position in Solitario Resources Corp. (NYSEAMERICAN:XPL)

Renaissance Technologies LLC increased its holdings in Solitario Resources Corp. (NYSEAMERICAN:XPL) (TSE:SLR) by 11.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 868,872 shares of the basic materials company’s stock after purchasing an additional 86,854 shares during the period. Renaissance Technologies LLC owned approximately 1.07% of Solitario Resources worth $769,000 at the end of the most recent quarter.

Separately, Focused Wealth Management Inc raised its stake in Solitario Resources by 75.9% during the first quarter. Focused Wealth Management Inc now owns 175,900 shares of the basic materials company’s stock worth $106,000 after acquiring an additional 75,900 shares in the last quarter. 18.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright boosted their target price on shares of Solitario Resources from $1.10 to $1.20 and gave the company a “buy” rating in a research note on Wednesday, August 21st.

Solitario Resources Price Performance

NYSEAMERICAN:XPL opened at $0.69 on Wednesday. The company has a market capitalization of $56.19 million, a PE ratio of -11.50 and a beta of 0.91. Solitario Resources Corp. has a 1 year low of $0.43 and a 1 year high of $0.98.

Solitario Resources (NYSEAMERICAN:XPL) (TSE:SLR) last issued its quarterly earnings data on Tuesday, July 30th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). As a group, sell-side analysts anticipate that Solitario Resources Corp. will post -0.05 EPS for the current year.

Solitario Resources Company Profile

Solitario Resources Corp., an exploration stage company, engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America. The company holds 50% interest in the Lik zinc-lead-silver property located in Northwest Alaska; 39% interest in the Florida Canyon zinc project located in northern Peru; and 85% interest in the Chambara exploration project located in Peru.